You may have seen my previous posts about the $1000 grant for Earth from Kalso shoes (the makers of Earth Footwear). I am the lucky recipient of one of the grants and we are...
Need capital for your small business? Borro can help!
As a small business owner, there are many challenges and risks that I take each and every day. I love the freedom of working for myself and with my husband.
However, I often have times where I need some money to cover a campaign payment or even pay some bloggers for a Twitter party. I don’t like for people to have to wait so long for a payment so often times I don’t make them wait. When I turn in an invoice that will take 90 days for me to get paid, I never want the people who work for me to not get paid in a timely manner. (Did you mean to say you want the people who work for you to get paid in a timely manner?)
I have used my savings account several times to cover the payroll and then been paid from a vendor just a few days later. Everything works out but sometimes I need money to get through a few weeks.
Are you a small business owner that is in need of capital? Have you run into cash flow issues or do you have irregular or seasonal business cycles? If so, then you need Borro. Borro is a new way for small businesses to access capital.
Running a small business can be both tough and challenging as well as rewarding. Sometimes you just need a little extra assistance to get through a season or issue. Now there is help. Borro believes that people who own valuable assets should be able to borrow against them with speed, privacy, and impeccable service when they need to. Liquidity is vital in many businesses as it allows small business owners to seize opportunities or address unplanned events. Borro provides capital for small businesses.
In years past, small businesses could get additional capital from their banks. However, banks no longer provide loans on personal assets without money to back it up which if you had that, why would you need the bank? Neither do auction sites, galleries or antique dealers. But Borro does and they do it with no credit checks.
HOW BORRO WORKS
Borro arranges for the collection of assets or you can bring them to one of their valuation centers for appraisal by one of their experts. These experts have all spent many years at places like Sotheby's, Christie's and Bonhams.
Borro quickly makes loans and stores your items in the same locations used by auction houses and museums. Once the short-term loan is paid, your items are returned. This is the perfect solution to seasonal or irregular businesses with cash flow issues.
Borro is for everyone in all 50 states and can definitely help you navigate the challenging auction process.
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Visit the Borro Website
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This post is sponsored by Borro.